Bitcoin's price has fallen to its lowest point since March 2, 2026, erasing weeks of gains as the market faces pressure from a wave of long liquidations and a large options expiration.
Bitcoin Re-tests March 2 Low, Momentum Stalls
This price fluctuation marks a re-test of the critical support level from March 2. A sustained close below this level would create a new multi-week low, indicating that the overall downtrend from early 2026 has not yet reversed.
$1.4 Billion in Options Expiration Triggers Liquidation Wave
Geopolitical tensions escalate risk-averse sentiment
The price level from March 2 has now become a watershed for the short-term market structure. If the daily close is below this level, it will confirm a lower low on the weekly chart, potentially opening up further downside. Traders are watching to see if the current level can attract buying interest or if the momentum driven by liquidations will continue to push prices lower.